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Rumors of Banks’ Bankruptcy Rejected

EghtesadOnline: Contrary to recent reports, Iranian banks have not gone bust but are in fact mired in faulty regulations, the secretary-general of the Private Banks and Credit Institutions Association said.
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Publish Date:06/April/2017 | 17:59

Rumors of Banks’ Bankruptcy Rejected

EghtesadOnline: Contrary to recent reports, Iranian banks have not gone bust but are in fact mired in faulty regulations, the secretary-general of the Private Banks and Credit Institutions Association said.
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Publish Date:06/April/2017 | 17:59

Tejarat Relisting Challenge Denied

EghtesadOnline: The General Court of the European Union has dismissed Tejarat Bank’s challenge to an EU decision to relist it back in 2015.
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Publish Date:03/April/2017 | 09:15

Tejarat Relisting Challenge Denied

EghtesadOnline: The General Court of the European Union has dismissed Tejarat Bank’s challenge to an EU decision to relist it back in 2015.
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Publish Date:03/April/2017 | 09:15

Iranian Lenders Hobbled by Big Bank Qualms

EghtesadOnline: Iran's banking network has historically had a robust presence in Europe, offering services to Iranian merchants and facilitating trade transactions between the European Union and resource-rich Iran.
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Publish Date:19/March/2017 | 11:07

Iranian Lenders Hobbled by Big Bank Qualms

EghtesadOnline: Iran's banking network has historically had a robust presence in Europe, offering services to Iranian merchants and facilitating trade transactions between the European Union and resource-rich Iran.
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Publish Date:19/March/2017 | 11:07

Directed Credit Schemes Face Prosecution

EghtesadOnline: The Tehran prosecutor general has spoken out against directed credit schemes by banks, stressing that loan allocation violations must be reviewed by the experts.
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Publish Date:13/March/2017 | 05:51

Bank Sepah int'l branch in London resumes activity in post-JCPOA

EghtesadOnline: Bank Sepah international London-based branch alongside the other European branches have started to render banking services in the international scene, especially to the Iranian companies and projects after the implementation of the Joint Comprehensive Plan of Action (JCPOA).
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Publish Date:09/March/2017 | 16:48

Penalties Account for 50% of Banks’ Income

EghtesadOnline: More than 50% of many banks’ income are generated through penalty fees while this way of allocating loans will amount to a compound interest, said a member of Iran Chamber of Commerce, Industries, Mines and Agriculture.
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Publish Date:07/March/2017 | 13:22

No Bank Facilities for Non-Transparent Firms

EghtesadOnline: Banks and credit institutions have been ordered not to extend any kind of banking services to businesses that have not presented their balance sheets, announced the head of Majlis Economic Commission.
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Publish Date:26/February/2017 | 24:34

Suspicious Bank Activities Under Scrutiny

EghtesadOnline: A new directive concerning direct tax regulations has been issued, which enables the Iran National Tax Administration to identify taxpayers and their incomes, announced an official with INTA.
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Publish Date:22/February/2017 | 16:37

Banks Rapped Over Penalty Waiver

EghtesadOnline: A member of Majlis Economic Commission has criticized the poor execution of a Central Bank of Iran directive by the banking network.
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Publish Date:19/February/2017 | 14:47

Troubled Banks Unleash Rout at TSE

EghtesadOnline: The stock market was quite eventful during the Iranian month of Bahman (January 20-February 18).
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Publish Date:19/February/2017 | 14:42

Iranian Banks Register 27% Growth in Term Deposits

EghtesadOnline: The total volume of term deposits in the Iranian banking system reached 9,605.5 trillion rials ($251.78 billion) by the end of the third quarter of the Iranian fiscal year (December 20), marking an annual growth of 27.1%.
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Publish Date:18/February/2017 | 15:55

Capital Increase for Iran's Agriculture Bank

EghtesadOnline: Bank Keshavarz Iran (Agriculture Bank) will receive its share from the government’s plan to increase the capital of public-sector banks by the yearend, announced the minister of agriculture jihad.
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Publish Date:11/February/2017 | 10:13

CBI Puts Risky Banks on Notice

EghtesadOnline: The Central Bank of Iran will ramp up its supervision over risky lenders to prevent their precarious activities from impacting other banks, said an official with the Central Bank of Iran.
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Publish Date:06/February/2017 | 14:53

Banks in the Red

EghtesadOnline: Troubled banks are now in the spotlight. According to the deputy head of Monetary and Banking Research Institute, all Iranian banks are now suffering losses.
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Publish Date:06/February/2017 | 14:51